Struggling company may require significantly more resources than roughly £6.3bn it previously indicated
Thames Water may need as much as £10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another £3bn.
London’s high court heard evidence on Tuesday that suggested the UK’s largest water company may need significantly more resources than the roughly £6.3bn it has previously indicated.
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Source link : https://www.theguardian.com/business/2025/feb/04/thames-water-may-need-10bn-investment-to-repair-finances-high-court-hears
Author : Jasper Jolly and Anna Isaac
Publish date : 2025-02-04 17:33:00
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